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Simple and profitable trading style

  • #2,301
  • Jan 19, 2018 3:35am Jan 19, 2018 3:35am
We could also monitor the resistance on AUDUSD as it's approaching where double tops were formed earlier. But I believe it might break the resistance this time. In that resistance you would see the strong Gravestone Doji that earlier crashed the pair. I reported it here and i traded it down
Attached Image (click to enlarge)
Click to Enlarge Name: audusdg.png Size: 47 KB
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,302
  • Jan 19, 2018 3:42am Jan 19, 2018 3:42am
Catching trend was the reason for my backtest/backcheck of old chart. When you're able to catch trend with even with $50, know that you could build the account as long as you stay with small lot
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,303
  • Jan 19, 2018 8:18am Jan 19, 2018 8:18am
Quoting 9jatrader
We could also monitor the resistance on AUDUSD as it's approaching where double tops were formed earlier. But I believe it might break the resistance this time. In that resistance you would see the strong Gravestone Doji that earlier crashed the pair. I reported it here and i traded it down {image}

Thx 9Ja, explains it excellent!

I have GN in my view-

I only look in weekly cross middle band and a daily upper bands break.

We will see if the weekly candle closes above or below the middle band-- the day isn t over --

Stay tuned+ happy weekend

Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDcWeekly.png Size: 32 KB
Risiko birgt immer auch die Chance.
  • #2,304
  • Jan 19, 2018 11:58pm Jan 19, 2018 11:58pm
Quoting Sesamstrasse
{quote} Thx 9Ja, explains it excellent! I have GN in my view- I only look in weekly cross middle band and a daily upper bands break. We will see if the weekly candle closes above or below the middle band-- the day isn t over -- Stay tuned+ happy weekend Guido {image}
First thing on Sunday I will be closing my EURUSD and AUDUSD long positions. I see USD bullish nest week. I would lost in USDCAD short. USDCAD had not been good to me in recent time- three consecutive losses. I also see it bullish
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,305
  • Jan 20, 2018 12:08am Jan 20, 2018 12:08am
Am scared of the hammer with bullish body. Am running away, 257 pips not bad

It was based on daily middle band and 4hr lower band
Attached Image (click to enlarge)
Click to Enlarge Name: usdchft.png Size: 43 KB
Make all mistakes in demo and rain in pips in live account
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  • #2,306
  • Jan 20, 2018 12:14am Jan 20, 2018 12:14am
USDCAD has made consolidation where daily middle band and 4hr can be used to trap the bullish movement
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,307
  • Edited 9:52am Jan 20, 2018 3:03am | Edited 9:52am
Quoting Sesamstrasse
{quote} Thx 9Ja, explains it excellent! I have GN in my view- I only look in weekly cross middle band and a daily upper bands break. We will see if the weekly candle closes above or below the middle band-- the day isn t over -- Stay tuned+ happy weekend Guido {image}
Thanks for your chart. Just check the GBPZND chart only to find that there was already strong setup on the daily. I will not wait on the daily upper band, but daily middle band and 4hr upper band. I have been away for so long on this pair, though I have been in long position on EURNZD. The weekly Pin Bar on both are similar
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,308
  • Jan 20, 2018 4:27am Jan 20, 2018 4:27am
As we seen,Trading takes a major role in a market,at the basis of stocks,commodity and forex,which gives the trading signals also and provide a alerts also,Trending market is really easy to trade when you are able to catch the trend at the beginning.YES! it is simple to trade,if you can, you devote tour time to trade only for small stocks no matter the larger amount,beacuse if you seen that the stock is moving in a profitable way then you should go with it except it and enjoy your safe side with profitable amount.
  • #2,309
  • Jan 20, 2018 7:45am Jan 20, 2018 7:45am
Hi 9ja,

Your trading system with BB made me interested to know more since I also trade using BB and MA. Thanx.
Catch your dreams!
  • #2,310
  • Jan 20, 2018 9:22am Jan 20, 2018 9:22am
Quoting Pipsoholic
Hi 9ja, Your trading system with BB made me interested to know more since I also trade using BB and MA. Thanx.
You're welcome
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,311
  • Jan 21, 2018 11:58am Jan 21, 2018 11:58am
I already finished my weekly top down analyses.

ONE pair is similar with my overview, itīs GN.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDcWeekly.png Size: 32 KB
Risiko birgt immer auch die Chance.
  • #2,312
  • Edited 12:34pm Jan 21, 2018 12:03pm | Edited 12:34pm
Quoting Sesamstrasse
I already finished my weekly top down analyses. ONE pair is similar with my overview, itīs GN. {image}
Another,what doesn`t confirm in my own analyses but valid with 9Jaīs system is CadJpy.

But I can see only 100 pips empty space from last price-- not sure if I join that pair.

Stay tuned
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPYcWeekly.png Size: 41 KB
Click to Enlarge Name: CADJPYcDaily.png Size: 41 KB
Risiko birgt immer auch die Chance.
  • #2,313
  • Jan 21, 2018 12:41pm Jan 21, 2018 12:41pm
Quoting Sesamstrasse
{quote} Another,what doesn`t confirm in my own analyses but valid with 9Jaīs system is CadJpy. But I can see only 100 pips empty space from last price-- not sure if I join that pair. Stay tuned Guido {image} {image}
For me CADJPY had no direction-just my point
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,314
  • Jan 21, 2018 12:44pm Jan 21, 2018 12:44pm
Quoting Sesamstrasse
I already finished my weekly top down analyses. ONE pair is similar with my overview, itīs GN. {image}
This already formed long position setup, daily and weekly- 11th and 12th on the daily and Pin Bar on the weekly
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,315
  • Jan 21, 2018 12:47pm Jan 21, 2018 12:47pm
Quoting 9jatrader
{quote} This already formed long position setup, daily and weekly- 11th and 12th on the daily and Pin Bar on the weekly
Does that mean itīs not longer a valid setup if daily closes abover upper bands?
Risiko birgt immer auch die Chance.
  • #2,316
  • Jan 21, 2018 12:51pm Jan 21, 2018 12:51pm
Quoting Sesamstrasse
{quote} Does that mean itīs not longer a valid setup if daily closes abover upper bands?
That would be second opportunity on the daily, but the last weekly low be used for sl and possibly lot size reduced if sl is too wide. That's how I do it
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,317
  • Jan 21, 2018 12:56pm Jan 21, 2018 12:56pm
Quoting 9jatrader
{quote} That would be second opportunity on the daily, but the last weekly low be used for sl and possibly lot size reduced if sl is too wide. That's how I do it
Yes, exactly like I see it with my big pic view and wrote it down an hour ago( https://www.forexfactory.com/showthr...7#post10693607 ) really nice to see it similary..
I marked the SL also in this area.
Not a AAA setup for me but good enough to join with a small portion.

Good job

Guido
Risiko birgt immer auch die Chance.
  • #2,318
  • Jan 21, 2018 1:01pm Jan 21, 2018 1:01pm
Quoting Sesamstrasse
{quote} Yes, exactly like I see it with my big pic view and wrote it down an hour ago( https://www.forexfactory.com/showthr...7#post10693607 ) really nice to see it similary.. I marked the SL also in this area. Not a AAA setup for me but good enough to join with a small portion. Good job Guido
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,319
  • Jan 23, 2018 6:03am Jan 23, 2018 6:03am
AUDCHF forming strong bearish engulfing right below 0.77059 from where it was previously crashed. I have been in long position on the correlated pairs, EURAUD
Happy trading.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
  • #2,320
  • Jan 23, 2018 6:05am Jan 23, 2018 6:05am
It may continue to move sideways and consolidation before it finally crashed. Forex is a game of probability.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 16.8%
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